Wednesday, March 10, 2021 4:03:34 PM
Mar. 10, 2021 2:03 PM ET
Summary
- Africa Oil Corporation's recent results show its ability to generate strong cash flow from its POGBV assets.
- The company earned strong 2020 cash flow, which will continue into 2021, allowing the company to pay off its debt.
- From there, combined with growth, the company will be able to drive substantial long-term shareholder rewards.
- I do much more than just articles at The Energy Forum: Members get access to model portfolios, regular updates, a chat room, and more.
Africa Oil Corporation (OTCMKTS: OTCPK:AOIFF) is a more than $450 million African oil company with a variety of impressive assets. The company recently concluded its 2020 results and opened up its 2021 results. As we'll see throughout this article, Africa Oil Corporation's 2021 guidance should help drive substantial shareholder rewards above current levels.
Africa Oil Corporation: A Unique Holding Company Opportunity
Read at:
https://seekingalpha.com/article/4412877-africa-oil-corporations-2021-guidance-shows-strength?mail_subject=aoiff-africa-oil-corporation-s-2021-guidance-shows-its-strength&utm_campaign=rta-stock-article&utm_content=link-0&utm_medium=email&utm_source=seeking_alpha
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